Chancellor of the Exchequer Rachel Reeves has outlined a package of reforms to HMRC, much of it previously mooted in the Labour Party’s election manifesto.
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Nearly a third of UK employees who use Generative AI (Gen AI) tools for work pay for it from their own pockets, according to new research from Deloitte.
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The IASB has announced the start of a research project to review and improve the requirements for the statement of cash flows and related matters in IFRS Accounting Standards.
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Just 10% of UK finance professionals currently volunteer their skills to non-profits each year, according to the charity Charterpath, which it describes as “a significant missed opportunity”.
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Nearly one in four of global boardrooms are not properly prepared for cyber attacks, especially with the new threats posed by AI, according to research from insurer Beazley.
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IFAC has created a Young Leaders Collective in the hope that the profession can learn from the perspective of newly qualified and part qualified accountants.
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Scammers have been forced to change the fake email address on correspondence after a public warning from UK top 10 accountancy firm Azets.
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Accountants and bookkeepers have emerged as the new AI trailblazers, adopting the technology at a much faster rate than any other sector.
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